Author: Himanshu Patni
20 November 2022
The global ICS security market is expected to register a CAGR of around 7% over the period of 2021-2027. This is mainly due to the growth in digital technologies and industrial control systems and the rising demand for secure ICS along with the increasing cyber threats to critical infrastructure. Moreover, the growing trend of using interconnectivity in ICS practices followed by the increasing investment in large security frameworks will positively stimulate the industry landscape. ICS security or industrial control system security includes maintaining and protecting the industrial control system and the required software and hardware used in the system.
Based on the component, the market is segmented into solutions and services. Among these, the solutions segment held a prominent share of the global ICS security market in 2020 and is expected to witness substantial growth during the forecast period owing to the rising demand for antivirus solutions for protecting business computers from cyberattacks.
For a detailed analysis of the Global ISC security Market browse through – https://univdatos.com/report/industrial-control-systems-ics-security-market/
Based on security type, the market is divided into network security, endpoint security, application security, and database security. The endpoint security segment accounted for a significant revenue share in 2020, owing to the increasing adoption of endpoint security due to benefits, such as protection from threats spread via email, malicious web downloads, protection from exploits, and data loss protection (DLP).
For a better understanding of the market adoption of the ICS security, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America), Europe (Germany, France, Spain, UK, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), and Rest of World. North America accounted for a prominent share of the global ICS security market and is expected to grow at a steady growth rate owing to the responsiveness toward the latest technological advancements and the presence of the key market players in the ICS security market. In addition, the integration of cloud and IoT with ICS security solutions to establish a holistic secure access mechanism and enforce a security governance framework is playing a significant role in the growth of this market in the region.
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Some of the major players operating in the ICS security market are Cisco Systems Inc., ABB Ltd., Lockheed Martin Corporation, BAE Systems PLC, Raytheon Technologies Corporation, FireEye Inc., Darktrace Holdings Limited, Airbus Group SE, Check Point Software Technologies Ltd., and Sophos Ltd.
Global ICS Security Market Segmentation
Market Insight, by Component
Market Insight, by Security Type
• Network Security
• Endpoint Security• Application Security• Database Security
Market Insight, by Industry
• Automotive
• Chemical• Energy• Manufacturing• Pharmaceuticals• Food and Beverage• Others
Market Insight, by Region
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